INTC Stock Today: December 30 – Nvidia’s $5B Stake Closes, Outlook Shifts
Intel stock is in focus today after Nvidia closed its $5B purchase of roughly 214.7M shares at $23.28 following U.S. FTC approval. Shares of INTC traded at $37.42, up 3.37%, as investors weighed the new alliance and roadmap. The stake is now valued near $7.6B, giving Intel a financial backstop and a partner for datacenter and PC chips. We break down today’s move, valuation, technical setup, and what the Intel Nvidia partnership means for U.S. investors.
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